Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
IBM (IBM) shares sold off on Monday on the basis that Anthropic's (ANTHRO) Claude Code product can translate COBOL, prompting concern about the tech giant's legacy business. However, investment firm ...
Investing.com -- IBM (NYSE:IBM) shares rose 4% Tuesday, recovering from Monday’s sharp decline after analysts defended the company’s mainframe business against concerns raised by Anthropic’s COBOL ...
Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns about pressure on IBM’s high‑margin mainframe services despite longstanding ...
Big Blue has been saying this itself since 2023 IBM’s share price slumped by 13 percent on Monday, seemingly caused by investors reacting to an Anthropic blog post that points out its Claude Code ...
Biggish Blue celebrated its 111-year-old birthday by offering the Z mainframe platform on the IBM Cloud, by offering virtual machines running z/OS as-a-service. The virtual machines are intended for ...
Following the recent selloff, IBM’s valuation has become more compressed, according to analysts. The stock now trades at ...
New AI toolkits, machine learning (ML) frameworks and AI-based private cloud tools are on their way to IBM Z-series mainframe users, as the company looks to preserve its share of the fast-growing AI ...
As it previewed in March, IBM is set to deliver an AI-infused, hybrid-cloud oriented version of its z/OS mainframe operating system. Set for delivery on Sept. 29, z/OS 3.1, the operating system grows ...
Izzi Software, owner of ColeSoft, the leading provider of debugging solutions for IBM mainframe environments, announces the ...
GitLab and IBM are expanding their partnership to bridge mainframe and cloud-native development with seamless integration, CI/CD runner support, end-to-end visibility, and cost efficiency. GitLab and ...